SMIT (Schmitt Industries) Pretax Margin %: -265.84% (As of May. 2022)


SMIT Schmitt Industries Inc SMIT
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What is Schmitt Industries Pretax Margin %?

Schmitt Industries SMIT 12 Pretax Margin % is -265.84% as of May. 2022. GuruFocus rates SMIT with a GF Score™ of 12/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Schmitt Industries's Pre-Tax Income for the three months ended in May. 2022 was $-3.52 Mil. Schmitt Industries's Revenue for the three months ended in May. 2022 was $1.32 Mil. Therefore, Schmitt Industries's pretax margin for the quarter that ended in May. 2022 was -265.84%.

The historical rank and industry rank for Schmitt Industries's Pretax Margin % or its related term are showing as below:


SMIT's Pretax Margin % is not ranked *
in the Hardware industry.
Industry Median: 3.58
* Ranked among companies with meaningful Pretax Margin % only.

Schmitt Industries  (OTCPK:SMIT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Schmitt Industries Pretax Margin % Related Terms

Schmitt Industries Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Schmitt Industries's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Schmitt Industries Pretax Margin % Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.71 -30.87 -44.32 -161.41 -37.30

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,012.41 -42.78 83.76 -56.52 -265.84

SMIT vs WHD, VAL, NOV: Pretax Margin % Comparison

For the Scientific & Technical Instruments subindustry, Schmitt Industries's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Schmitt Industries Pretax Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Schmitt Industries's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Schmitt Industries's Pretax Margin % falls into.


SMIT
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Schmitt Industries Inc SMIT
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Schmitt Industries Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Schmitt Industries's Pretax Margin for the fiscal year that ended in May. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2022 )/Revenue (A: May. 2022 )
=-3.69/9.893
=-37.30 %

Schmitt Industries's Pretax Margin for the quarter that ended in May. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2022 )/Revenue (Q: May. 2022 )
=-3.517/1.323
=-265.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -265.84% mean?
Schmitt Industries (SMIT) has a Pretax Margin % of -265.84% as of May. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Schmitt Industries and its competitors.
Is Schmitt Industries' Pretax Margin % too high?
Schmitt Industries' current Pretax Margin % is -265.84%. Overall, Schmitt Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Schmitt Industries' Pretax Margin % compare to WHD and VAL?
Schmitt Industries' Pretax Margin % of -265.84% can be compared against companies in the Hardware industry. The industry median Pretax Margin % is 3.58. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Hardware company?
The median Pretax Margin % among Hardware companies is 3.58, based on 2,471 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Schmitt Industries and its competitors. For the Hardware industry, the median Pretax Margin % is 3.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Schmitt Industries's current Pretax Margin % is -265.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Schmitt Industries stock overvalued right now?
Schmitt Industries (SMIT) has a current Pretax Margin % of -265.84%. The current Pretax Margin % is -265.84%. Schmitt Industries' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Schmitt Industries (SMIT), the current Pretax Margin % is -265.84% as of May. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Schmitt Industries Business Description

Address 2765 North West Nicolai Street, Portland, OR, USA, 97210
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. The company manufactures and sells products in two core product lines, Acuity Lasers and Xact Tank Monitoring.
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